B&M European Value Retail’s (BME) Hold Rating Reiterated at Shore Capital Group

Shore Capital Group reissued their hold rating on shares of B&M European Value Retail (LON:BME) in a research note published on Wednesday morning,Digital Look reports. Shore Capital Group currently has a GBX 215 price objective on the stock.

Separately, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 180 price target on shares of B&M European Value Retail in a report on Wednesday, July 1st. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of GBX 206.25.

B&M European Value Retail Trading Down 0.6%

B&M European Value Retail stock opened at GBX 198.80 on Wednesday. B&M European Value Retail has a 1 year low of GBX 140 and a 1 year high of GBX 269.30. The firm’s 50 day moving average price is GBX 187.40 and its 200-day moving average price is GBX 179.25. The company has a debt-to-equity ratio of 306.52, a current ratio of 1.42 and a quick ratio of 0.38. The stock has a market cap of £2.00 billion, a P/E ratio of 12.20 and a beta of 1.09.

B&M European Value Retail (LON:BME) last issued its earnings results on Wednesday, June 3rd. The company reported GBX 16.30 earnings per share for the quarter. B&M European Value Retail had a net margin of 2.84% and a return on equity of 21.74%. The firm had revenue of GBX 577.50 billion during the quarter. On average, equities analysts predict that B&M European Value Retail will post 38.4814815 earnings per share for the current fiscal year.

Insider Activity at B&M European Value Retail

In other news, insider Peter Pritchard acquired 53,016 shares of B&M European Value Retail stock in a transaction on Monday, June 15th. The shares were acquired at an average price of GBX 192 per share, with a total value of £101,790.72. Also, insider Tjeerd Jegen acquired 53,100 shares of B&M European Value Retail stock in a transaction on Monday, June 22nd. The stock was purchased at an average cost of GBX 187 per share, for a total transaction of £99,297. Company insiders own 22.81% of the company’s stock.

B&M European Value Retail Company Profile

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.